The regulations of a Society may provide for,-
(i) the conditions of admission of members;
(ii) the liability of members to fines and forfeitures under certain circumstances;
(iii) the consequences of non-payment of any subscription or fine, the resignation and expulsion of members;
(iv) the appointment and removal of staff and officers and their powers;
(ii) the manner of electing and removing the Governing body and the powers of such body;
(vi) the time and place of annual General meeting and other meetings of the Society;
(vii) the manner in which notice of such meetings may be given;
(viii) the quorum necessary for the transaction of business at meetings of the Society;
(ix) the manner of making ,altering and rescinding regulations;
(x) the investment of funds, keeping of accounts and for an annual or periodical audit of accounts;
(xi) the manner of dissolving the Society;
1[(xii) the condition that the Society shall not distribute surplus, if any, among me]
(xiii) the determination after dissolution that property be utilized by Government according to section 48;
(xiv) matters to be provided by bye-laws and the manner in which they shall be made; and
(xv) such other matters as may be considered expedient having regard to the nature and objects of the Society.